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$1,595,000
Est. payment /mo
27,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 27,000 sqft
Price per Sqft $59
MLS Listing ID 12791644
Year Built 1932
Annual Tax Amount $53,498
Tax Year 2025
Lot Size 0.840 Acres
Lot Dimensions 125 x 294
Property Sub-Type Industrial
Property Description
615 S. California Ave. is a functional 27,000 SF industrial facility situated on 0.84 acres with direct access to the I290 California Avenue interchange. The property offers a large land footprint, secure parking, and strong transportation connectivity to the West Loop, CBD, and Illinois Medical District. Approximately 15,000 SF can be available for an owner/user, while the remaining space provides stable occupancy and future repositioning potential. Existing improvements include separate utilities, well maintained roof and a 5-ton crane, supporting a wide range of industrial uses. The property is priced well below replacement cost and below recent industrial trades in the surrounding area. This creates a compelling opportunity for investors and users seeking value, long term appreciation, and multiple strategic paths for the asset.
Location
State IL
County Cook
Area Chi - East Garfield Park
Zoning INDUS
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Industrial
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Listed by Cesar Alvarez of Cesar Alvarez
NEARBY SCHOOL & BUSINESS
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